Section(Two:( Consumption(trends(of(Chinese(wealthy
1.( With( the( temporary( setback( of( consumer( confidence( on( luxury(products,(future(demand(remains(inelastic
The(Richer(the(Consumer(is, the(Firmer(the(Demand(for(Luxury(Consumption(Becomes
Unit0RMB
43%
Over0100 million
38%
50090100 million 1009050 million
25%
29%
23%
32%
20%
23% 18%
3% 16%
30% Increase
Less0than010 million
23%
21%
Flat Uncertain
37%
Decrease 0% 10%
035
19%
20%
30%
40%
50%
60%
70%
80%
90%
100%